World Copper Ltd · TSXV:WCU

World Copper — Investor Presentation (May 2025)

25 slides from World Copper's investor presentation, May 2025

  1. Slide 1: Building America's Copper Company

    TSXV: W CU | O TC : W CUFF | FRA: 7LY0 Building America’s Copper Company Corporate Presentation MAY 2025 T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0

  2. Slide 2: Forward Looking and Cautionary Statements

    FORWARD LOOKING AND Cautionary Statements This presentation contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fa

  3. Slide 3: Historic Copper Pricing & Forecast

    MACRO MARKET VIEW Historic Copper Pricing & Forecast The State of the Copper Market $5.00 APR 15, 2024 $4.38 $4.55 Market Balance (Supply Demand Gap) $4.50 $4.27 $4.43 0 $4.03 $4.13 Copper Price US $/lb Cu $4.00 Millions of metric tons -2 $3.50 -4 $3.00 -6 $2.50 ACTUALS (2020-2024) CONSENSUS (APR 20

  4. Slide 4: Tariffs, Executive Orders and the Future of USA Metals

    CRITICAL METAL INDEPENDENCE Tariffs, Executive Orders and the Future of USA Metals… • The USA has made itself energy independent in the past, and is now actively working towards critical metal independence – mining what we have, where we live… • In 2023 the USA produced 2.1Mt Cu and consumed 3.5Mt C

  5. Slide 5: Private Land Benefits

    FAST-TRACKED TO MARKET Private Land Benefits • Zonia’s copper oxide pit sits on 931 hectares of private land. • Of 10 active copper development projects in Arizona, only 4 are on 100% private land – Zonia is one of these key projects. • Zonia’s private land can be permitted within 3 years, while fed

  6. Slide 6: American Copper, Made in the USA: Arizona

    ARIZONA: A PRIME MINING JURISDICTION American Copper, Made in the USA ARIZONA • Ranks 7th Global Canyon Uranium Mining – Fraser Institute Flagstaff Moss Gold • 71% of US copper Bagdad ZONIA supply is produced in Arizona Kay Mine Pinto Phoenix Valley Carlota • USA has Copper Resolution Miami Morenci

  7. Slide 7: The Zonia Solution

    A UNIQUE COPPER OXIDE OPPORTUNITY The Zonia Solution Existing Infrastructure Excellent Location • Private land and Past Producer (faster • Located in Yavapai County, central permits) Arizona, 100 miles NW of Phoenix, 1 • Power and water on site hour south of Prescott Power lines on site • Pre-stripp

  8. Slide 8: 2024 Copper Oxide Updated Resource Estimate

    NI 43-101 2024 Copper Oxide Updated Resource Estimate ▸ Indicated Resources of 112.2 M short tons at 0.297% Cu containing 668 M lbs of copper (0.18% Cu cut-off). ▸ Inferred Resources of 62.9 M short tons at 0.255% Cu containing 320 M lbs of copper (0.18% Cu cut-off). ▸ Potential for a significant in

  9. Slide 9: Zonia Cross Section

    NI 43-101 Zonia Cross Section NW High-grade blocks at surface SE Surface ideal for initial production $4.00 Cu Optimized Pit Shell base of oxide base of mixed Scale (feet) BLOCK CU GRADE % T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0 9

  10. Slide 10: Zonia Land Position

    PRIVATE LAND & CLAIMS ON BLM LAND Zonia Land Position PHASE 1 BLM LAND ▸ Located solely on private land owned by Zonia. ▸ Approx. 10+ years of production in Phase 1. ▸ Faster to permit (state permits only). PHASE 2 PR I VA T E LAND ▸ Located on BLM land (unpatented claims). ▸ Permitting concurrent w

  11. Slide 11: Zonia Technical Team

    WORLD COPPER Zonia Technical Team DEREK WHITE | Lead Technical Advisor JOE PHILIPS | Senior Advisor 35+ years of experience in senior management and building mines. 35+ years of experience, built 14 mining projects in 11 countries. Including Projects include the KGHM Sierra Gorda, Franke, Carlota an

  12. Slide 12: The Zonia Two-Phased Approach

    DEVELOPMENT PLAN The Zonia Two-Phased Approach Phase 1: DE-RISKING PROJECT Resource Update Permitting Permits BFS Engineering DEVEL OPMENT & Leach Pad Test (ongoing) Received ON PRIVATE LAND 2023 2024 2025 2026 Q1/2 2027 2028 Phase 2: GROWTH Drilling Zonia N Start of BLM EXPLORATION New MRE Met Test

  13. Slide 13: Simple Mining and Processing (SX-EW)

    ZONIA’S GREENER PROCESS Simple Mining and Processing (SX-EW) ▸ Conventional open pit mining ▸ Standard heap leaching and SX-EW processing (no ISL*) ▸ Low acid consumption (~25 lbs/t) ▸ 73% Cu total recoveries ▸ No smelting – a cleaner process with lower emissions ▸ No tailings – smaller environmenta

  14. Slide 14: Zonia Production Profile / Economics

    2018 HISTORICAL PEA PARAMETERS* Zonia Production Profile / Economics Total Tons Leached 93 M Preliminary Economic Assessment – March 2018 Head Grade 0.30% Cu Base case $2.00/lb Cu designed pit shell; $3.00/lb Cu price Mine Life 8.6 years Payback Period 2.9 years ▸ After-tax NPV (8%) of US$192 M, 29%

  15. Slide 15: Zonia: Extensive Metallurgical Testing

    DEVELOPMENT PLAN Zonia: Extensive Metallurgical Testing ▸ Extensive metallurgical test-work with Column Leach Results (Redstone, 2011) average recovery of 73%. ▸ Low acid consumption of 25 lbs/ton. ▸ Multiple metallurgical tests conducted on the property in 1995, 2008 and 2011. ▸ Master composite sa

  16. Slide 16: Zonia's Expansion

    GROWTH POTENTIAL Zonia’s Expansion New Porphyry Target ▸ Zonia North: large geochemical anomaly identified northeast of Zonia open pit, along strike. ▸ Elevated Mo, Cu & Au, with depressed Mn and Zn: “textbook” porphyry Cu footprint. ▸ This untested drill target measures 1.5 km x 2 km (~1 x 1.5 mile

  17. Slide 17: Zonia's Outstanding Profile

    COMPARISON WITH ARIZONA PEERS Zonia’s Outstanding Profile COPPER COPPER ZONIA CACTUS SANTA CRUZ WORLD CREEK World Copper Arizona Sonoran HudBay Faraday Copper Ivanhoe Electric CAPEX 233M No 1.74 B 2.2 B 2.66 B 2.1 B (initial + sustaining) flotation, TSF & = $100 M pre- stripping. CAPITAL $8,896 $10,

  18. Slide 18: Zonia's Key Advantages

    IN THE HEART OF US COPPER COUNTRY Zonia’s Key Advantages • Trump tariff war CRITICAL MINERAL • USA copper production deficit INDEPENDENCE • Executive order announced March 20 th, 2025 • Private land, faster to permit INFRASTRUCTURE • Powerline and water on the property • Past-producer with pre-strip

  19. Slide 19: Escalones: Largest Copper Oxide Deposit in Development in Chile

    HIGHLIGHTS Escalones: Largest Copper Oxide Deposit in Development in Chile ▸ 3.4B lbs of Cu in inferred resources. ▸ PEA annual production 50 kt of copper in cathodes over 20 years. ▸ Post-Tax $1.5B NPV (8.0%) and 46.2% IRR at $3.60/ lb Cu. ▸ High exploration potential: multiple new porphyry targets

  20. Slide 20: Escalones: 426 Mt of Copper Oxide in Inferred Resources

    AN OUTSTANDING SX-EW OPPORTUNITY Escalones: 426 Mt of Copper Oxide in Inferred Resources ▸ Total land Package: 4,202 hectares, with an option to N acquire 100% ownership. ▸ Potential to discover new copper-gold porphyries 28,000m Resource Estimate Statement drilled in Hard Rock Consulting LLC. Augus

  21. Slide 21: Management

    WORLD COPPER Management GORDON NEAL | President & CEO JOHN DROBE | Head Geologist • Mr. Neal has extensive experience in the metals and mining sector, as • Mr. Drobe is a geologist with over 30 years’ experience specializing in well as in capital market, corporate governance, corporate finance and p

  22. Slide 22: Board of Directors

    WORLD COPPER Board of Directors HENK VAN ALPHEN | Chairman JONATHAN LOTZ | Director Mr. van Alphen founded Wealth Minerals in 2005. With more than 30 Mr. Lotz is a member of the Bars of British Columbia & New York and is a years of experience in the mining industry, he has been a key player in found

  23. Slide 23: Share Structure

    WORLD COPPER Share Structure As of April 30th, 2025 Outstanding Warrants 35.1% Insiders & Management 59,759,900 86,116,801 shares Shares Outstanding: Outstanding Broker Warrants 245,689,067 862,150 Public Float 64.9% 159,572,266 shares Outstanding Options 15,370,000 T S XV : W C U \ O T C : W C U F

  24. Slide 24: Contact us

    TSXV: WCU | OTC: WCU FF | FRA: 7LY0 Contact us: Gordon Neal, President & CEO Phone: +1 (604) 657-7813 Email: gneal@worldcopperltd.com Visit us online: www.worldcopperltd.com Follow us: WorldCopperLtd T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0 24

  25. Slide 25: Zonia Transaction

    Zonia Transaction • Purchaser: UK-Based Metals & Mining Capital Fund • Transaction Details: • CAD $26M • 90-day due diligence period ending May 13th, 2025 • Three tranches ($8M, $8M and $10M) over 30-month period T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0 26

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